Onaman River drilling program

With new financing in place, 60/40 partners Castlewood Metals and Explorations (CDN) and Goldbrook Explorations (ASE) are launching a 20,000 ft. diamond drilling program on the 131-claim Onaman River property in northwestern Ontario this summer.

To earn a 40% interest in the project, TNK Financial has agreed to make cash payments of $100,000 and provide $500,000 for exploration. Previous exploration at Onaman River defined an environment favorable for volcanogenic massive sulphides. The property covers a felsic volcanic centre and an intense, hydrothermal alteration system.